The city-state of Singapore and a leading business and financial hub in Asia finally signed a free trade agreement with Mercosur during the South American countries summit held in Rio do Janeiro. It is Mercosur's first deal with a Southeast Asian nation.
The government of city-state Singapore, in Southeast Asia, intends to participate in the concession process for Brazil's largest terminal, the Port of Santos (SP), as part of the greater trade negotiation with the Mercosur block.
Under Argentina's pro-tempore presidency, Mercosur will try to clinch a Free Trade Agreement (FTA) with Singapore, according to Palacio San Martín (Foreign Ministry) sources quoted by BAE Negocios. The Alberto Fernández administration is particularly eager to show results, the report also said.
The Government of Uruguay Thursday refrained from signing the joint document penned at the Mercosur Summit in Asunción, on the grounds that it lacked any mention of flexibilization, which the Luis Lacalle Pou administration needs to broker one-on-one deals with other blocs or countries or blocs of the block.
This month marks 80 years since Singapore, a British colony with significant strategic importance was invaded and subsequently captured by the Empire of Japan. Its loss represented the lowest point of the war in the Far East and was a matter Prime Minister Winston Churchill never really got over.
The Asian nation of Singapore Wednesday became the first country to join the Pacific Alliance as an Associated State to the group made up of Chile, Colombia, Mexico, and Peru.
Singapore has given regulatory approval for the world’s first “clean meat” that does not come from slaughtered animals. The decision paves the way for San Francisco-based startup Eat Just to sell lab-grown chicken meat.
Rig builder Sembcorp Marine said on Wednesday that authorities had executed a search warrant on its shipyard in Brazil as part of an ongoing graft investigation, sending its shares sharply lower.
China is ready to fight the US on trade but the door is still open for talks, the country's defense minister said on Sunday. On the trade friction started by the US: if the US wants to talk, we will keep the door open. If they want to fight, we are ready, General Wei Fenghe told an international security dialogue in Singapore.
Singapore, Hong Kong and Paris have been named the world’s most expensive cities for expatriates to live in, according to a survey of 133 cities released on Tuesday by the Economist Intelligence Unit (EIU).